National News • March 16
“I have been a State Farm agent 34 years and have a little over 2000 cars insured. Because of credit scoring last year, I was only able to qualify nine new auto sales for the entire year.
This is typical of the State Farm agents across the country. The people that are hardest hit are the poor and elderly. To allow credit in any amount gives the company a free hand to do anything they want.
I am the president of the National Association of State Farm Agents and this is a typical case. We have a resolution against Credit Scoring as does the agents’ associations of Farmers, Allstate and Nationwide.”
— David Swift, San Antonio, Texas
Was this article valuable?
Here are more articles you may enjoy.
AIG Joins Private Equity Firm Onex to Acquire Re/Insurer Convex Group 
Progressive Now 4th Largest Global Insurer; RenRe Fastest Growing in ’24 
AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry 
Alaska Airlines Vows IT Upgrades After Outage Forces 400 Flight Cancellations From This Issue
